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Atrium Executive Plaza 499 NW 70th Ave 86,837 SF 78% Leased Office Building Plantation, FL 33317 $12,495,000 ($143.89/SF) 5.77% Cap Rate

Matterport 3D Tour

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INVESTMENT HIGHLIGHTS

  • Three-story, 86,837-square-foot office building on over six acres, offering a distinctive, park-like setting with lush landscaping and water features.
  • Recent interior renovations and ongoing improvements create a modern, professional environment for medical, legal, educational, and service providers.
  • Access to retail, dining, and regional transportation like Florida’s Turnpike, I-595, I-95, Downtown Fort Lauderdale, & Fort Lauderdale Int'l Airport.
  • Approximately 78% leased with 23 suites ranging from 981 to 14,547 square feet, providing stable cash flow and strategic upside potential.
  • Located near high-demand drivers like Plantation General Hospital, Westside Regional Medical Center, and major local and state government offices.
  • Rare opportunity to acquire a stabilized, income-producing office asset in one of Broward County’s strongest submarkets.

EXECUTIVE SUMMARY

Atrium Executive Plaza at 499 NW 70th Avenue in Plantation’s business district offers an outstanding office asset investment opportunity. Spanning three stories of 86,837 square feet, the property sits on over 6 acres enriched by tropical gardens, ponds, fountains, waterfalls, and a pedestrian bridge. Recently renovated interiors and ongoing exterior improvements create a welcoming environment that supports a diverse tenant mix of medical, legal, educational, and professional services. With 23 suites ranging from 981 to 14,547 square feet, the building is approximately 78% leased, providing stable cash flow with upside potential through additional lease-up opportunities.

Near key demand drivers, Atrium Executive Plaza benefits from proximity to Plantation General Hospital, Westside Regional Medical Center, and government offices such as city hall and the police department. Tenants enjoy swift access to retail and dining at Plantation Walk, Broward Mall, and nearby centers, along with strong regional connectivity, five minutes from Florida’s Turnpike, seven minutes from Interstate 595, 10 minutes from Interstate 95, and about 20 minutes from Downtown Fort Lauderdale and Fort Lauderdale-Hollywood International Airport (FLL).

Plantation is a thriving suburban community with seamless access to South Florida’s economic core. The 5-mile trade area includes more than 429,000 residents and 667,000 employees, supported by household incomes well above the regional average. Offered at $12,495,000, Atrium Executive Plaza provides investors with a projected 2024 net operating income (NOI) of $721,440 and a 5.77% cap rate, presenting a rare opportunity to acquire a stabilized, income-producing asset with long-term growth potential in one of Broward County’s strongest office submarkets.

MATTERPORT 3D TOUR

Suite 212 Matterport

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
86,837 SF
Building Class
B
Year Built
1986
Price
$12,495,000
Price Per SF
$143.89
Cap Rate
5.77%
NOI
$720,440
Percent Leased
78%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
28,946 SF
Slab To Slab
11’
Building FAR
0.32
Lot Size
6.26 AC
Zoning
B-4P - Restricted Business
Parking
440 Spaces (5.07 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Controlled Access
  • Pond
  • Signage
  • Partitioned Offices
  • Drop Ceiling
  • Monument Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 106A -107
  • 1,375-4,475 SF
  • Office
  • Full Build-Out
  • Now

4 offices, reception, break room - training room -

  • 1st Fl-Ste 110-118
  • 1,085-4,448 SF
  • Office
  • Full Build-Out
  • Now

Professional services suite - led lighting - classrooms and large offices - can be sub-divided.

  • 1st Fl-Ste 116
  • 3,606 SF
  • Office
  • Full Build-Out
  • Now

Glass conference room - previous Law Firm location

  • 2nd Fl-Ste 204
  • 1,629 SF
  • Office
  • Full Build-Out
  • Now

3 offices, conference room

  • 2nd Fl-Ste 212
  • 3,180 SF
  • Office
  • Full Build-Out
  • Now

Newly renovated office with nine office, conference room, break room and a large open area in teh center of the suite. Suite has a receiption/waiting area, tenant-controlled HVAC system; building has CCTV, three elevators, renovated bathrooms and plenty of parking.

  • 3rd Fl-Ste 300
  • 2,050 SF
  • Office
  • Full Build-Out
  • Now

Recently renovated corner suite with two entrances, large open area, partitioned offices, print/copy/IT room, conference room and a break room with sink.

Space Size Space Use Condition Available
1st Fl-Ste 106A -107 1,375-4,475 SF Office Full Build-Out Now
1st Fl-Ste 110-118 1,085-4,448 SF Office Full Build-Out Now
1st Fl-Ste 116 3,606 SF Office Full Build-Out Now
2nd Fl-Ste 204 1,629 SF Office Full Build-Out Now
2nd Fl-Ste 212 3,180 SF Office Full Build-Out Now
3rd Fl-Ste 300 2,050 SF Office Full Build-Out Now

1st Fl-Ste 106A -107

Size
1,375-4,475 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 110-118

Size
1,085-4,448 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 116

Size
3,606 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 204

Size
1,629 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 212

Size
3,180 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 300

Size
2,050 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 106A -107

Size 1,375-4,475 SF
Space Use Office
Condition Full Build-Out
Available Now

4 offices, reception, break room - training room -

1st Fl-Ste 110-118

Size 1,085-4,448 SF
Space Use Office
Condition Full Build-Out
Available Now

Professional services suite - led lighting - classrooms and large offices - can be sub-divided.

1st Fl-Ste 116

Size 3,606 SF
Space Use Office
Condition Full Build-Out
Available Now

Glass conference room - previous Law Firm location

2nd Fl-Ste 204

Size 1,629 SF
Space Use Office
Condition Full Build-Out
Available Now

3 offices, conference room

2nd Fl-Ste 212

Size 3,180 SF
Space Use Office
Condition Full Build-Out
Available Now

Newly renovated office with nine office, conference room, break room and a large open area in teh center of the suite. Suite has a receiption/waiting area, tenant-controlled HVAC system; building has CCTV, three elevators, renovated bathrooms and plenty of parking.

3rd Fl-Ste 300

Size 2,050 SF
Space Use Office
Condition Full Build-Out
Available Now

Recently renovated corner suite with two entrances, large open area, partitioned offices, print/copy/IT room, conference room and a break room with sink.

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
13,374
167,543
429,746
2024 Population
12,841
166,448
426,760
Population Growth '20-'24
-4.0%
-0.7%
-0.7%
2020 Households
5,275
65,127
162,605
2024 Households
4,993
63,784
159,382
Household Growth '20-'24
-5.4%
-2.1%
-2.0%
Average Age
41
40
40
Median Household Income
$79,159
$55,340
$57,253
Daytime Employees
9,158
81,899
166,830
Total Businesses
1,339
11,050
24,437
College Degree + Higher
42%
28%
27%

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
50-41-03-58-0010
Land Assessment
$2,180,180
Improvements Assessment
$4,494,320
Total Assessment
$6,674,500
  • Listing ID: 37804035

  • Date on Market: 9/24/2025

  • Last Updated:

  • Address: 499 NW 70th Ave, Plantation, FL 33317

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